Net inflows into U.S. spot bitcoin ETFs this year have fallen to $536 million, bringing them close to turning into cumulative net outflows in 2026. Cointelegraph reported on May 25 that U.S. spot bitcoin ETFs posted net outflows for six straight trading days through May 23.
Net outflows on May 23 totaled $105.2 million. BlackRock's iShares Bitcoin Trust (IBIT) saw $68.9 million leave, and Fidelity's Wise Origin Bitcoin Fund (FBTC) lost $36.3 million. Other U.S. bitcoin ETFs saw no change in fund flows.
The net outflows appear to have continued since May 14. That was the last day the overall funds posted net inflows, and total outflows since then reached $1.55 billion.
Bitcoin ETF flows are seen as an indicator of institutional demand for bitcoin and new money entering the crypto market. Institutional market maker Jane Street cut its bitcoin ETF holdings by about 70 percent in the first quarter, and Goldman Sachs reduced related positions by 10 percent.
Chi-gyu Hwang
delight@d-today.co.kr